Binance crypto exchange outage sparks outrage as traders lose millions
Binance’s policy allows investors to get compensation on trading losses due to system or internal issues but does not cover the “what could have been” situations. Outages in crypto exchanges have resulted in losses for investors trying to get out in time. While Binance has been proactive in neutralizing such situations, numerous investors are reportedly seeking damages due to the exchange’s inoperability. Speaking to CNBC, a Binance spokesperson highlighted the company’s policy that promises to compensate actual trading losses due to system or internal issues, but noted:“We do not cover....
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